1. With the depression of steel prices on the global market, it has become less
expensive, in many cases, to import raw steel from China to finish at local metal
manufacturing facilities than to buy locally. Demand currently doesn’t match output,
which creates a buyer’s market for steel.
Although price is the major reason to import steel, other reasons include:
 Depressed prices. Again, China steel manufacturers have overproduced
product for what the demand is global. This has caused a depression of steel
prices for both foreign and domestic steel. With relaxed tariffs in the US, the
cost of imported steel is still less than that of domestic manufacturers and steel
mills.
 Over ordering. Having a lot of raw material setting around can work to your
benefit. China’s steel industry has started to slow down their production, but the
raw material has already been acquired and is costing manufacturer’s
overhead costs just to keep it.
 High-quality. China’s government has recently tightened up their
regulations concerning steel mills, closing many that couldn’t maintain the
minimum standards set. This has left the companies that are still in business
taking a greater concern on the quality of their products and manufacturing
methods.

2.  Excellent customer service. With the slowing down of production, China’s
steel manufacturers are fighting harder over a smaller market share and
offering inducements to get your business. One of the primary inducements
they can offer is excellent customer service and keeping current and potential
customers happy and satisfied.
 Price locks. Taking the worry out of a fluctuating market price helps raw
steel importers control their bottom line. Instead of waiting for the price to creep
down, inhibiting manufacturing while waiting for the price to bottom out, you
can plan ahead for costs by ordering now, at the current rate, and having the
steel shipped to your facility on your schedule.
 Dependable shipping schedules. With the accumulation of raw materials,
scheduling your order becomes easier. The Chinese companies already have
the material for your order in stock and can begin work on it, immediately. This
allows for planned ordering and shipping without having to worry about the
global market availability.
 Tariff issues. Currently, the trade atmosphere between China and the US
favors the import of steel over buying it within the US. Importing steel, even with
the costs of transportation factored in, costs about 10% less than buying from
US suppliers.
Modernized facilities and an emphasis on increasing their economic output have
made the current dynamic between China and the US a perfect place for finished
steel manufacturers.Latest steel prices, cheap shipping and a ready supply of
materials will keep Chinese steel flowing into the American marketplace as long
as the market will sustain it or until the government steps in to put an end to the
market status that Chinese steel currently enjoys.

3. SteelfromChina.com was created by our parent
company Sunspeed Group as a way for customers
to find us and to enjoy a website that offers better
insight into us as Steel Suppliers and into the
China Steel world. We hope our site will become a source you regularly visit for Steel
Prices, steel info, Quick Quotes and above all - quality Steel From China.
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